52
Map
$220,000
●
Condo -
Off Market
3511 FOREST EDGE DRIVE #173C
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,273 Ft²
$2,091
Est. Monthly
$808
HOA / Fees
17.03%
Cap Rate
About This Property
Gorgeous, renovated condo in Leisure World, a 55+ community that
lives like a resort! This spacious unit boasts a newer kitchen with
tons of storage space, including pull-out shelves and a pantry! The
living area offers an open floor plan and includes a terrific wet
bar! There are 2 sets of sliding glass doors that lead to a long
balcony that overlooks trees. The bedrooms and bathrooms are large
and offer generous closet and storage space. Freshly painted,
this home is ready for immediate occupancy. Did I mention the
reserved carport space and additional storage?! All of this, plus
the incredible amenities of Leisure World (2 clubhouses 3
restaurants, indoor and outdoor pools, awesome fitness center,
24-hour security, 18-hole golf course, billiards and card room,
wood shop, library, auditorium, art studio, pickleball courts,
community garden and MedStar Medical Health Center) make this home
an unbeatable value in today's market!
Unit Size
1,273 Ft²
Days on Market
15 days
Land Size
-
Price per sqft
$177
Property Type
Condo
Property Taxes
$178
HOA Dues
$808
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Bright MLS #MDMC2179592)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Relisted | $225,000 | |
| Relisted | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Weichert, REALTORS | $225,000 | |
| Listed by Weichert, REALTORS | |||
Show More
Property Highlights
Elevator
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 2
Appliances: Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Oven
Exterior Details
Has Property Attached
Square Footage: 1273
Square Footage Source: $0
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 1977
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Brick
Water Source: Public
Financial Details
Tax Assessed Value: $185,000
Tax Annual Amount: $2,133
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard - Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Electricity, Security, Snow Removal, Water, Sewer, Heat, High Speed Internet, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds
HOA/Condo/Coop Amenities: Billiard Room, Fitness Center, Golf Course, Security, Tennis Court(s), Art Studio, Bar/Lounge, Gated Community, Jog/Walk Path, Library, Newspaper Service, Pool - Indoor, Pool - Outdoor, Retirement Community, Transportation Service
HOA Fee Frequency: Monthly
Condo/Coop Fee: $808
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2025
|
2 Bed
|
2 Bath
|
1273 ft²
|
$225,000
2 Bed
2 Bath
1273 ft²
|
$220,000
-2.22%
06/06/2025
|
James Higgins
Weichert, REALTORS
| |
|
09/21/2024
|
1 Bed
|
2 Bath
|
946 ft²
|
$171,000
1 Bed
2 Bath
946 ft²
|
$178,000
+4.09%
11/13/2024
|
Carmen Murphy
Samson Properties
| |
|
02/18/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$209,900
2 Bed
2 Bath
1273 ft²
|
$205,000
-2.33%
03/13/2024
|
Sudha Baxter
Weichert, REALTORS
| |
|
05/25/2023
|
2 Bed
|
2 Bath
|
1157 ft²
|
$189,900
2 Bed
2 Bath
1157 ft²
|
$200,000
+5.32%
07/06/2023
|
Karen Ranallo
Weichert, REALTORS
| |
|
05/13/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$160,000
1 Bed
2 Bath
946 ft²
|
$165,322
+3.33%
06/21/2023
|
Karen Rollings
EXP Realty, LLC
| |
|
05/15/2020
|
2 Bed
|
2 Bath
|
1157 ft²
|
$175,000
2 Bed
2 Bath
1157 ft²
|
$175,000
05/19/2021
|
Christine Colburn
Weichert, REALTORS
| |
|
02/15/2020
|
2 Bed
|
2 Bath
|
1273 ft²
|
$179,899
2 Bed
2 Bath
1273 ft²
|
$181,000
+0.61%
06/19/2020
|
John H Radcliffe
Weichert, REALTORS
| |
|
11/28/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$214,900
3 Bed
2 Bath
1415 ft²
|
$213,000
-0.88%
01/24/2018
|
Christine Sherrod
Weichert, REALTORS
| |
|
11/25/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$184,900
3 Bed
2 Bath
1415 ft²
|
$172,500
-6.71%
08/15/2018
|
Marilyn Chmielewski
Weichert, REALTORS
| |
|
11/20/2016
|
3 Bed
|
2 Bath
|
1415 ft²
|
$184,900
3 Bed
2 Bath
1415 ft²
|
$175,000
-5.35%
02/03/2017
|
John Radcliffe
Weichert, REALTORS
| |
|
11/24/2015
|
3 Bed
|
2 Bath
|
1415 ft²
|
$175,000
3 Bed
2 Bath
1415 ft²
|
$176,000
+0.57%
02/10/2016
|
Matthew A Lancelotta
RE/MAX Realty Group
| |
|
10/10/2015
|
1 Bed
|
1 Bath
|
850 ft²
|
$79,900
1 Bed
1 Bath
850 ft²
|
$70,000
-12.39%
11/23/2015
|
John Radcliffe
Weichert, REALTORS
| |
|
03/16/2012
|
2 Bed
|
2 Bath
|
1273 ft²
|
$115,000
2 Bed
2 Bath
1273 ft²
|
$106,500
-7.39%
08/10/2012
|
Deborah Younkers
Weichert, REALTORS
| |
|
04/15/2011
|
2 Bed
|
2 Bath
|
1157 ft²
|
$101,300
2 Bed
2 Bath
1157 ft²
|
$97,500
-3.75%
01/06/2012
|
Marilyn Chmielewski
Weichert, REALTORS
|
Building Info
About Rossmoor
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Listed by: James J Higgins
Weichert, REALTORS
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2179592
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Weichert, REALTORS
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2179592
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